The Impact of Hospital Consolidation: An Examination of Consolidating Hospitals and Their Rivals
Spang, Heather Radach
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https://hdl.handle.net/2142/85684
Description
Title
The Impact of Hospital Consolidation: An Examination of Consolidating Hospitals and Their Rivals
Author(s)
Spang, Heather Radach
Issue Date
2001
Doctoral Committee Chair(s)
Arnould, Richard J.
Department of Study
Economics
Discipline
Economics
Degree Granting Institution
University of Illinois at Urbana-Champaign
Degree Name
Ph.D.
Degree Level
Dissertation
Keyword(s)
Health Sciences, Health Care Management
Language
eng
Abstract
Results from the multivariate analysis showed that for-profit hospitals had significantly higher costs and prices before consolidation and significantly lower costs and prices after consolidation. However, these post-consolidation price savings were mitigated by market concentration. Therefore, in highly concentrated markets, there was evidence that market power effects dominated efficiency effects. Conversely, rival hospital costs and prices changes in the third study did not vary significantly from match market hospitals.
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